Benami transactions (Prohibition) Act, 1988 is an Act of the Indian Parliament which freezes specific types of financial Proceedings. Find Benami dispute Advocates today to solve the problems.
This Benami act describe a ‘benami’ transaction as any proceedings in which property is transmitted to one person for Cost paid by a buyer. Such transactions were a feature of the Indian economy, usually relating to the purchase of Real estate property, and were thought to contribute to the Indian black money disputes. Chennai Law Forum Attorneys are experts in litigation with regards to Benami transaction issues.
The Benami prohibition act bans all the benami actions and provides the government the rights to recover property held benami without paying any compensation. Contact the best Advocates in Chennai for Benami related issues.
